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Mixed Strategies in Game Theory - Applications in Sports, Dating, and Taxation

Offered By: Yale University via YouTube

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Game Theory Courses Baseball Courses Policy Analysis Courses Taxation Courses Auditing Courses

Course Description

Overview

Explore mixed strategies in game theory through diverse contexts like baseball, dating, and tax compliance in this 74-minute Yale University lecture. Delve into three interpretations of mixed strategies: literal randomization, beliefs about opponents' actions, and population-level behavior patterns. Examine how these concepts apply to sports, anti-terrorism tactics, and economic policy. Analyze the implications of mixed equilibria, particularly in tax auditing scenarios, and discover how changing penalties affect strategic outcomes. Gain valuable insights into decision-making under uncertainty and the practical applications of game theory across various fields.

Syllabus

- Chapter 1. Mixed Strategy Equilibria: Example (Continued).
- Chapter 2. Mixed Strategy Equilibria: Other Examples in Sports.
- Chapter 3. Mixed Strategy Equilibria Interpretation 1: Literal Randomization.
- Chapter 4. Mixed Strategy Equilibria Interpretation 2: Players' Beliefs about Each Other's Actions.
- Chapter 5. Mixed Strategy Equilibria Interpretation 3: Prediction of Split on Two or More Courses of Action in a Large Population.
- Chapter 6. Mixed Strategy Equilibria: Policy Applications.


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